Home prices
The median home in Cave Spring is valued at $215,500. Compared to its surrounding areas it is about $55,080 (34%) higher.In comparison to the United States as a whole it is is very similar, and compared to the city of Greensboro is roughly $59,200 (37%) higher.
Rents
The median monthly rent in Cave Spring is $992. In comparison to its nearby areas it is approximately $131 (15%) higher.Compared to the entire country it is roughly $70 (6%) lower, and in comparison to the city of Greensboro is approximately $115 (13%) higher.
Nearby places
Roanoke
Roanoke is Cave Spring's neighbor to the northeast. Its housing prices are significantly less expensive. The median home in Roanoke is valued at $135,100, which comes out to $80,400 (59%) lower than Cave Spring. Its rents are somewhat less expensive. The median monthly rent in Roanoke is $814, which works out to $178 (21%) lower than Cave Spring.
Salem
Salem is Cave Spring's neighbor to the northwest. Its real estate prices are a little less expensive. The median home in Salem is valued at $181,900, which is $33,600 (18%) lower than Cave Spring. The rent there is somewhat less expensive. Salem's median rent is $913 per month, which is $79 (8%) lower than Cave Spring.
Vinton
Vinton is roughly 6 miles northeast from Cave Spring. The real estate prices there are significantly less expensive. The median home in Vinton is valued at $148,000, which works out to $67,500 (45%) lower than Cave Spring. The rent there is significantly less expensive. The median rent in Vinton is $725 a month, which is $267 (36%) lower than Cave Spring.
Glenvar
Glenvar is about 6 miles northwest of Cave Spring. Housing prices there are a bit less expensive. The median home value in Glenvar is $180,000, which is $35,500 (19%) lower than Cave Spring. Its rents are pretty similar. In Glenvar the median monthly rent is $1,044, which is $52 (4%) higher than Cave Spring.
Boones Mill
Boones Mill is roughly 8 miles south of Cave Spring. Housing prices there are substantially less expensive. Boones Mill's median home price is $157,100, which works out to $58,400 (37%) lower than Cave Spring. The rent there is a bit less expensive. In Boones Mill the median rent is $810 per month, which comes out to $182 (22%) lower than Cave Spring.
